Greek Parliament votes in favor of bailout plan

Greece's Parliament voted in favor of an austerity bill that paves the way for a third bailout.

Ahead of the vote, which ultimately came early Thursday morning local time, a violent protest erupted on the streets of Athens.

The vote was expected to pass, but the atmosphere was tense, with multiple politicians from within Prime Minister Alexis Tsipras's own party opposing the deal. Indeed, one of Greece's deputy finance ministers, Nadia Valavani, resigned on Wednesday.

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—The Associated Press and Reuters contributed to this report.